Blog

Upon purchasing either a new or used aircraft, the following FAA documents are required to change ownership: A FAA Bill of Sale executed by the seller (Form 8050-2) A FAA Aircraft Registration Application (Form 8050-1) executed by the buyer Together...

To apply for a loan on a single-engine piston aircraft, you will need to gather some financial information for the lender to review to determine if you qualify for the requested loan amount. Required documents include: Most recent last two years...

Banks that finance general aviation aircraft look at many factors when determining aircraft values.  Banterra Bank utilizes the two primary industry price guides: Aircraft Blue Book and/or Vref. Subscribers  simply locate the year, make and...

Lenders require full liability and hull coverage on aircraft loans sufficient to cover the bank’s loan/lien amount. The majority of aviation insurance policies are underwritten by a handful of aviation specialty insurance carriers via licensed insurance...

Aircraft Loan Officers review and consider many factors in determining the credit worthiness of applicants.  When a prospect contacts Banterra Bank, they communicate directly with knowledgeable and highly qualified Aircraft Lenders who know how to...

When applying for a standard, full disclosure aircraft loan, lenders will require the following supporting documentation in addition to a Credit Application:  1.) Most recent last two years personal 1040 Tax Returns with all schedules 2.) Personal...

There are numerous aviation and aircraft trade/air shows scheduled for 2025 and the Banterra  Aircraft Finance team pays special attention to these events to ensure expedited credit underwriting services regarding aircraft financing solutions.  Sun-N-Fun...

Proud Member of the Flying Musicians Association The Flying Musicians Association, Inc. (FMA) is a unique nonprofit organization that combines the passions of aviation and music. Founded in 2009, FMA aims to inspire, educate, and assist pilots who...

The largest general aviation air and trade show, the Experimental Aircraft Association (EAA) AirVenture Oshkosh, comes alive again starting July 22, 2024 and continues through July 28, 2024 at Wittman Regional Airport in Oshkosh, Wisconsin. This seven-day...

Celebrating 50 years of aviation, the 2024 Sun ‘n Fun Aerospace Expo starts Tuesday, April 9th and runs through Sunday, April 14th in Lakeland, Florida. Banterra Bank is proud to support the aviation industry with specialized lending services....